Find the amount in the bank account described. Use a calculator and round to the nearest cent.If P dollars are deposited in an account that pays 9% annual interest, then the amount of money in the account after 3 years is P(1 + 0.09)3. Find the amount when P = $300.

A. $388.51
B. $338.51
C. $327.00
D. $438.51


Answer: A

Mathematics

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